Interstate-Adjacent Commercial
For Sale
$889,000
200 Old Phelps Rd, Morehead, KY 40351
Partially cleared commercial parcel with flexible zoning and potential subdivision options.
Property SizeContact for details
Days on Market355
Property Features for 200 Old Phelps Rd
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
SimpliHOM
(502) 229-3378
Listed By:
Tamara Hurst · License #272958
(502) 229-3378
Source:
Exprealty
Added: Sep 12, 2025
Changed: Aug 31
Last Checked: Aug 30 at 10:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SimpliHOM
Investment Insights
Based on property information with market context.
This 6.5-acre commercial land parcel is partially cleared and positioned for excavation. The property is located off I-64 at exit 133, with access connecting the interstate corridor to Cave Run Lake and Daniel Boone National Forest. Flexible zoning is described as supporting a range of commercial uses, including retail, office, and service-oriented businesses.
Nearby points of interest and development activity include AppHarvest Greenhouse, Rowan County Airport, National Guard Readiness Center, Maysville Community College, Eastern Light Distilling’s project, Liberty Mart, and Hog’s Trough Barbecue Restaurant. The owners may consider subdividing the tract, creating an option for smaller development concepts or shared ownership structures.
Nearby points of interest and development activity include AppHarvest Greenhouse, Rowan County Airport, National Guard Readiness Center, Maysville Community College, Eastern Light Distilling’s project, Liberty Mart, and Hog’s Trough Barbecue Restaurant. The owners may consider subdividing the tract, creating an option for smaller development concepts or shared ownership structures.
Key Highlights
- 6.5‑acre commercial land parcel
- Located off I‑64 at exit 133
- Partially cleared and ready for excavation
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Explore this area
Business Placement
Demographics for 40351, KY
22,305
Population
9,497
Households
2.3
Avg Household Size
33
Median Age
27%
College-Educated
88%
High-School Grad
268.2 sq mi
ZIP Area
83
Density / Sq Mi
$51,110
Median Household Income
$26,278
Median Earnings
$775
Median Rent
$163,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Partially cleared commercial parcel with flexible zoning and potential subdivision options.
Where is this commercial land located?
The property is located at 200 Old Phelps Rd Morehead, KY.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: 6.5‑acre commercial land parcel; Located off I‑64 at exit 133; Partially cleared and ready for excavation
